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Historically, only a few industries and manufacturers paid any attention to these concerns, and if they did, their efforts were limited to meeting compliance and regulatory requirements through small, incremental measures aimed at achieving marginal improvements. Thanks to global leadership and support from environmentalists, topics like resource productivity, decarbonization, and energy optimization have risen to the top of the priority list. Forward-thinking nations worldwide are beginning to compel enterprises to make firm commitments in these areas.<\/p>\r\n\r\n\r\n\r\n
At a macro level, industry challenges such as product customization, globalization, speed to market (NPDI – new product development and introduction), design-build-service anywhere, and end-of-life management have traditionally been driven primarily by financial objectives. The ongoing pandemic has introduced unexpected challenges to maintaining business viability by disrupting both supply and demand. The global depletion of raw materials will continue to drive up the cost of finished products in the future.<\/p>\r\n\r\n
Global demographic shifts have redirected demand for finished products towards emerging markets. This compels industrial and process manufacturers to realize that the traditional approach and measures for maintaining productivity are no longer sustainable. The fundamental premise in which resource productivity takes a backseat to other operational priorities will no longer hold true.<\/p>\r\n\r\n\r\n\r\n
Industries heavily rely on fossil fuels throughout the product and service lifecycle. Over 80% of the world’s primary energy is derived from fossil fuels containing carbon. Approximately half of global carbon dioxide emissions occur during the processing of fossil fuels into useful energy, serving as high carbon energy vectors in industry, transport, and buildings. The carbon from various fossil fuels accumulates in the atmosphere when primary energy is converted into energy vectors (e.g., burning coal to generate electricity). Individualization, globalization, digitalization, and demographic changes all play pivotal roles in shaping the future of our world.<\/p>\r\n\r\n
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Digitalization goes beyond merely providing enterprises with a collection of sophisticated technologies. Its true impact lies in the dynamic interplay of various technologies, integrating different IT, OT, and semantic knowledge systems and contextually uniting them to enable data analysis through simple analytics or artificial intelligence\/machine learning. Over the past years, Tangbo has diligently worked on creating a common platform, with a specific focus on enhancing the efficiency of industrial assets and reducing energy consumption.<\/p>\r\n\r\n
This platform can be harnessed in numerous ways, tailored to specific business domains and process improvements, thereby making substantial strides towards reducing carbon footprint. By capturing a comprehensive 360-degree data view of physical assets \u2013 encompassing field OT data, service life data, enterprise data, and the expert knowledge of service engineers and operators \u2013 and contextualizing them, it enables the creation of a decision support system.<\/p>\r\n\r\n
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